International Business Machines IBM Revenue Breakdown

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As of: Nov 4, 2026 · 1:30 PM EST
Annual revenue breakdowns for International Business Machines, fiscal 2008 to 2025, as reported in its filings.
Annual history

International Business Machines Revenue by Product & Service

Years FY 2011–2025
Lines 8
FY 2025 Total $67.50B

Software was International Business Machines’s largest product and service line in fiscal 2025, bringing in $28.46B of $67.50B (42%).

International Business Machines revenue by product and service, fiscal 2011 to 2025
Product and Service FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Services $30.21B $30.38B $29.81B $26.46B
Software — — — $28.46B
Servers — — — $5.41B
Maintenance — — — $3.93B
Storage — — — $2.37B
Financing $651.00M $737.00M $709.00M $737.00M
Systems — — — $110.00M
Used Equipment Sales — — — $32.00M
Total $60.53B $61.86B $62.75B $67.50B
Totals include 8 discontinued lines from earlier reporting.

International Business Machines revenue by product and service: what the figures show

International Business Machines brought in $67.50B from its eight product and service lines in fiscal 2025, the year ended December 31, 2025. International Business Machines regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $62.75B. Software was the largest at $28.46B (42.2%), ahead of Services at $26.46B (39.2%) and Servers at $5.41B (8.0%). The other five lines brought in $7.18B combined.

International Business Machines stopped reporting Sales as a separate line after fiscal 2024, when it brought in $32.23B.

Annual history

International Business Machines Revenue by Segment

Years FY 2009–2025
Lines 4
FY 2025 Total $67.47B

Software was International Business Machines’s largest segment in fiscal 2025, bringing in $29.96B of $67.47B (44%).

International Business Machines revenue by segment, fiscal 2009 to 2025
Segment FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Software $23.63B $25.01B $27.09B $29.96B
Consulting $20.06B $20.88B $20.69B $21.06B
Infrastructure $15.29B $14.59B $14.02B $15.72B
Financing $645.00M $741.00M $713.00M $737.00M
Total $59.62B $61.23B $62.51B $67.47B
Totals include 14 discontinued lines from earlier reporting.

International Business Machines revenue by segment: what the figures show

International Business Machines brought in $67.47B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 7.9% from $62.51B in fiscal 2024. Software was the largest at $29.96B (44.4%), ahead of Consulting at $21.06B (31.2%) and Infrastructure at $15.72B (23.3%). The remaining segment, Financing, brought in $737.00M.

Compared with fiscal 2024, Infrastructure grew fastest, up 12.1% to $15.72B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments grew from $59.62B to $67.47B, a compound annual growth rate of 4.2%. Software's share of the total rose from 39.6% to 44.4%.

Annual history

International Business Machines Revenue by Geography

Years FY 2008–2025
Lines 3
FY 2025 Total $67.54B

Americas was International Business Machines’s largest region in fiscal 2025, bringing in $33.34B of $67.54B (49%).

International Business Machines revenue by geography, fiscal 2008 to 2025
Geography FY 2008 FY 2009 FY 2010 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Americas $31.06B $31.67B $31.27B $33.34B
Europe/Middle East/Africa $17.95B $18.49B $19.43B $22.19B
Asia Pacific $11.52B $11.70B $12.06B $12.00B
Total $60.53B $61.86B $62.75B $67.54B
Totals include 7 discontinued lines from earlier reporting.

International Business Machines revenue by geography: what the figures show

International Business Machines brought in $67.54B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 7.6% from $62.75B in fiscal 2024. Americas was the largest at $33.34B (49.4%), ahead of Europe/Middle East/Africa at $22.19B (32.9%) and Asia Pacific at $12.00B (17.8%).

Compared with fiscal 2024, Europe/Middle East/Africa grew fastest, up 14.2% to $22.19B, while Asia Pacific fell the most, down 0.4% to $12.00B. From fiscal 2022 to 2025, combined revenue from these regions grew from $60.53B to $67.54B, a compound annual growth rate of 3.7%. Americas' share of the total fell from 51.3% to 49.4%.

Questions

International Business Machines Revenue Breakdown FAQ

How does International Business Machines make money?

International Business Machines (IBM) reports its revenue by product and service, by segment and by geography. In fiscal 2025, Software was its largest product and service line, bringing in $28.46B (42.2% of the total), followed by Services at $26.46B (39.2%).

What is International Business Machines' largest product and service line?

Software was International Business Machines' largest product and service line in fiscal 2025, bringing in $28.46B, or 42.2% of the $67.50B total across its eight product and service lines.

What is International Business Machines' largest segment?

Software was International Business Machines' largest segment in fiscal 2025, bringing in $29.96B, or 44.4% of the $67.47B total across its four segments.

What is International Business Machines' largest region?

Americas was International Business Machines' largest region in fiscal 2025, bringing in $33.34B, or 49.4% of the $67.54B total across its three regions.

Which International Business Machines segment is growing the fastest?

Among International Business Machines' segments that make up at least 2% of revenue, Infrastructure grew fastest in fiscal 2025, up 12.1% from $14.02B to $15.72B.

Where does this revenue breakdown data come from?

Every figure comes from International Business Machines' annual financial filings, as reported. Each line keeps the name International Business Machines gives it, and years follow its fiscal calendar.

How far back does International Business Machines' revenue breakdown go?

International Business Machines' revenue by product and service goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.